Re:The Housing Market in San Francisco and Ideas to Fix It
by lazaroclapp on Thursday April 07, 2016 @07:08PM
(#11451428)
Is it, really? The entire current population of the Bay Area is tiny (7 million people across 101 cities, less than a million in S.F. proper). Compare:
Tokyo metro area: 37.8 Million
Mexico City metro area: 21.2 Million
NYC metro area: 20 Million
If demand where truly unlimited, then building up S.F. to Tokyo standards or above over the next few decades should be practical, since that level of demand would provide the funds for the growth. Of course, what is really going to happen is that demand will likely stabilize around or below the 15 million threshold for the entire Bay Area.
Tokyo metro area: 37.8 Million
Mexico City metro area: 21.2 Million
NYC metro area: 20 Million
If demand where truly unlimited, then building up S.F. to Tokyo standards or above over the next few decades should be practical, since that level of demand would provide the funds for the growth. Of course, what is really going to happen is that demand will likely stabilize around or below the 15 million threshold for the entire Bay Area.